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Japan-US trade talks will not lead to a new FTA: farm minister

A recent announcement that Japan and the U.S. are to start talks on trade deals would not lead to “a new free trade agreement (FTA)”, Japanese Agriculture Minister Ken Saito has stressed.

“The announcement is neither considered as a new FTA negotiation, nor as preliminary talks to launch a bilateral trade negotiation,” Saito said at an April 20 press conference.

His comments came as Japanese Prime Minister Shinzo Abe and the U.S. President Donald Trump had announced in Florida after two days of meetings that ended April 18 that they will start talks on “free, fair and reciprocal trade deals.”

However, the announcement has left many questions unanswered, including what type of trade deals the two countries would work on.

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